Laurie Barkman – Business Transition Sherpa! on Cornell (thank) U

Laurie Barkman – Business Transition Sherpa! on Cornell (thank) U

November 14, 20231 min read

Laurie has a pretty great Cornell story, including meeting her husband, connecting with a family abroad, honing the skills she’d use for the rest of her career, and having a very unusual campus job.

And now…Laurie is the business transition sherpa.

She is also the former CEO of a $100 million revenue company that was sold to a Fortune 50. She provides Strategic Business Transition Planning (pre-M&A services) with her firm, SmallDotBig LLC. She provides a structured process for business owners to plan successful transitions of their companies. And that’s not nearly all.

She’s also an award-winning podcast host, so you know this was a very smooth episode.

Plus she wrote a book you can buy here: https://www.amazon.com/Business-Transition-Handbook-Succession-Pitfalls/dp/1959508016/ref=sr_1_1?crid=DU6B6O8TQCWA&keywords=laurie+barkman&qid=1693799340&sprefix=laurie+barkman%2Caps%2C151&sr=8-1

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Website: https://podcasts.apple.com/us/podcast/cornell-thank-u/id1592844944

Laurie Barkman

Laurie Barkman, The Business Transition Sherpa, emphasizes the importance of planning for the exit of a business, citing that only 20% of companies in the lower middle market have an intention to sell. She highlights the need for an ownership succession plan, estimating the value of the business, addressing risk tripwires, and embracing a sell-ready mindset.

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